Are taxpayers allowed to claim depreciation on assets they use for both business and personal purposes? What
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Are taxpayers allowed to claim depreciation on assets they use for both business and personal purposes? What are the tax consequences if the business use drops from above 50 percent in one year to below 50 percent in the next?
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Yes taxpayers may depreciate mixed use assets those used for bo...View the full answer
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Related Book For 
Essentials Of Federal Taxation 2019
ISBN: 9781260190045
10th Edition
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
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